Same-store sales sluggish, as expected

New York — Most big American retailers had been expecting relatively sluggish sales during the third week of January. And they weren't far off the mark, with same-store sales moving up by 1.9 percent, a modest improvement over the prior week's gain of 1.5 percent, according to the Redbook Retail Sales Average.

For the three weeks month-to-date, sales were up by 1.8 percent over the same period a year ago, in line with expectations. Sales for the three-week period were up by 0.7 percent over December, again in line with expectations.

In good news for home fashions producers, home furnishings were once again cited as a sales leader, as they were through much of last year, even when apparel and other segments disappointed.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!